8th Oct 2007 14:07
Liberty International PLC08 October 2007 8 October 2007 LIBERTY INTERNATIONAL PLC CORPORATE SOCIAL RESPONSIBILITY APPOINTMENT Liberty International PLC announces that it has appointed Alexander Nicoll asDirector of Corporate Social Responsibility with effect from 5 November 2007. Alexander is currently Head of Internal Communications for the Church of Englandwhere he has worked since 1987. He has also been a member of Westminster CityCouncil for St James's Ward since 1994, and held the position of Lord Mayor ofthe City of Westminster for 2006-7. Liberty International is recognised by FTSE4Good, BiTC, Johannesburg StockExchange and other benchmarking agencies as one of the leading UK publiccompanies in environmental management, stakeholder engagement and governance.Liberty International's 2007 CSR Report, due to be published in early 2008, willprovide further information on Liberty International's progress in integratingbest environmental practice into its business activities and extensive communityprogrammes linked to its regional shopping centres. Alexander Nicoll will take over the role from Peter Badcock, an executivedirector of Liberty International until 2004, who has provided consultancysupport in developing CSR best practice since 2002, and who is retiring from therole at the end of 2007. Contacts: Liberty International PLC Susan Folger Group Company Secretary 0207 887 7073 NOTES FOR EDITORS Biographical details of Alexander Nicoll Originally from Edinburgh, Alexander Nicoll (born 1964) has lived in London fortwenty years. He holds degrees in Government and Political Philosophy and is anactive member of the Chartered Institute of Public Relations where he recentlyachieved Accredited Practitioner status. During his time working for the Churchof England he engaged with its ministry and mission in many parts of the countryin a variety of public facing roles and, more broadly, benefited from a periodseconded to work directly for the Archbishop of Canterbury, Dr Rowan Williams,as his Deputy Secretary for Public Affairs. He project managed the new nationalChurch website launched in 2004 and has been the national communications leadfor the Church's ground-breaking Shrinking the Footprint campaign aimed atcutting the Church's own carbon footprint. Liberty International PLC is one of the UK's largest listed property companiesand a constituent of the FTSE 100 Index of the UK's leading listed companies.Liberty International converted into a UK Real Estate Investment Trust (REIT) on1 January 2007. Liberty International owns 100 per cent of Capital Shopping Centres ("CSC"), thepremier UK regional shopping centre business, and of Capital & Counties, aretail and commercial property investment and development company. At 30 June 2007, Liberty International held £8.2 billion of total properties ofwhich UK regional shopping centres comprised 78 per cent and retail property inaggregate 93 per cent. Assets of the group under control or joint controlamounted to £10.8 billion at that date. Shareholders' funds (diluted, adjusted)amounted to £5.2 billion. Capital Shopping Centres has interests in 14 UK regional shopping centresamounting to 12.4 million sq. ft. in aggregate including eight of the UK's top21 regional shopping centres with a market value of £6.3 billion at 30 June2007. CSC's largest centres are Lakeside, Thurrock; MetroCentre, Gateshead;Braehead, Renfrew, Glasgow; The Harlequin, Watford; and Manchester Arndale. CSChas three major development projects underway or with planning permission inCardiff, Oxford and Newcastle. Capital & Counties held assets of £1.8 billion at 30 June 2007 amounting to 7.0million sq. ft. in aggregate. Capital & Counties has around £650 millioninvested in the Covent Garden area including the historic Covent Garden Market,and around £300 million in Central London, primarily through the Great CapitalPartnership, a joint venture with Great Portland Estates plc. Since 30 June2007, Capital & Counties has acquired 50 per cent of EC&O Venues (Earls Courtand Olympia Group) for a sum that values the assets at approximately £375million. Capital & Counties has interests in the USA amounting to around £350million (2.4 million sq. ft.), predominantly comprising retail assets inCalifornia, notably the 856,000 sq. ft. Serramonte Shopping Centre, Daly City,San Francisco. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
INTU.L